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India's polyester fibre, raw materials see price cuts after crude fall

11 Mar '26

2 min read

India's polyester fibre, raw materials witness price cuts after crude

Pic: Shutterstock.com

Insights

Indian polyester producers quickly reversed earlier price hikes after crude oil prices fell from recent geopolitical highs. PSF prices were cut by ₹** per kg and key feedstocks like PTA also declined, reflecting easing petrochemical costs. However, polyester yarn prices rose ₹* per kg, indicating mixed trends across the value chain amid ongoing volatility in crude and Middle East supply risks.

Earlier, domestic producers had increased polyester raw material and fibre prices by over ** per cent in phases as crude oil surged amid disruptions linked to the US–Israel–Iran conflict. Concerns over crude supply flows through the Strait of Hormuz had pushed petrochemical feedstock costs sharply higher, forcing manufacturers to revise polyester prices upward.

However, with crude oil prices falling significantly amid rapidly changing geopolitical developments, Indian producers announced price reductions across the polyester chain on March **, ****. PSF prices have been reduced by &#****;** per kg with effect from the same date. Following the revision, the basic price of *.* denier PSF stands at &#****;***.** per kg, *.* denier at &#****;***.** per kg, and *.* denier at &#****;***.** per kg, excluding * per cent GST.